The US Federal Reserve expects that there would be continued strength in the country’s economy and job market and this has led Fed Chair Janet Yellen to conclude that the this is the appropriate time for the US central bank… Read More ›
Month: November 2017
Sanofi Says Only Those People Earlier Infected By The Dengue Virus Can Be Helped By Its Vaccine
The ambitions of the dengue vaccine from Sanofi was brought a notch down after the company declared that the vaccine would only effective for those people who had earlier been infected by the disease. This has further dented the high… Read More ›
British insurer Aviva lays out dividend plan for shareholders
Analysts have reiterated that Aviva’s bullish goals are within reach and achievable. On Thursday, with British insurer Aviva stating, it expects to generate an extra $4.04 billion (3 billion pounds) in cash over the next 2 years and plans on… Read More ›
Uber’s non-disclosure of the contents of a letter likely to significantly damage its case against Alphabet’s Waymo
This legal case, between Alphabet Inc’s Waymo and Uber, is likely to set a legal precedence. It is also likely to lead to further complications for its former CEO, Travis Kalanick. In a damning disclosure, one of Uber Technologies’ attorney… Read More ›
SoftBank Group Corp offers to increase stake in Flipkart
While earlier Flipkart was valued at $11 billion, Softbank’s latest valuation pegs it $9 to 10 billion. Japan’s SoftBank Group Corp has offered to buy an undisclosed stake in Indian e-commerce giant Flipkart, and has valued the company in the… Read More ›
Amazon Seeks Second Headquarters Out Of Seattle While Microsoft Plans To Expand Its Existing One There
Millions of dollars are being planned to be expended by Microsoft for refurbishing its present campus in the Seattle area even as its neighbor in the region and another American IT giant -Amazon.com is looking out for a second headquarters… Read More ›
Thanksgiving Holiday Sees More Than Expected American Shoppers, All Sale Channels Exploited: Survey
The number of Americans who stepped out or stepped onto their mobile devices for shopping this holiday season – from Thanksgiving Day to Cyber Monday, topped the estimates by the National Retail Federation (NRF) and Prosper Insights and Analytics. Data… Read More ›
Rare Aggressive Tactic Used By The US To Launch Anti-Dumping Cases Against Chinese Aluminum Producers
For the first time in 20 years, anti-dumping duty and countervailing duty cases against China have been self-initiated by the U.S. Commerce department which has used its discretionary powers to do so. Imports worth $600 million of common alloy aluminum… Read More ›
Nestle deepens its investments in Cuba, lays foundation for $55 million coffee and biscuit factory
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
General Motors enters elite sports car segment with the Corvette ZR1
With the ZR1 General Motors has high-end offerings from both ends of the car industry – high performance sports car at one end with self-driving cars at the other. The chief of General Motors Co’s global product development stated that… Read More ›
manageria.biz 